Mandating Full Transparency and Audits of US Gold Reserves.
This law requires the first independent audit of all United States gold reserves in decades, ensuring public accountability regarding national assets. Citizens will gain full transparency on the quantity, purity, and all transactions involving gold over the past 50 years. Furthermore, the gold must be upgraded to meet current global market standards.
Key points
Independent Audit: A full, independent audit of all US gold reserves must be completed within 9 months and repeated every 5 years.
Full Disclosure: Audit reports, including details on leases, swaps, and transactions over the last 50 years, will be made publicly available online without significant redactions.
Quality Upgrade: Within 5 years, the gold reserves must be refined to meet current international market standards for purity and weight (good delivery standards).
Status:
Introduced
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